Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 57.90%
September 30, 2023 60.50%
June 30, 2023 68.06%
March 31, 2023 59.96%
December 31, 2022 63.47%
Date Value
September 30, 2022 79.11%
June 30, 2022 82.86%
March 31, 2022 68.03%
December 31, 2021 70.26%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

57.90%
Minimum
Dec 2023
82.86%
Maximum
Jun 2022
67.79%
Average
68.03%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics